Quote from konviction:
Now that im trading again, looks like I dont need to park my money any more however bond etf's seemed to have done well.
ishares bond fund etf (AGG) --> + 8.24% in 2009
iShares S&P/Citigroup International Treasury Bond Fund (IGOV)--> + 22.2% in 09
ishares corp bond fund (LQD) --> 21.3% in 2009
Quote from konviction:
Now that im trading again, looks like I dont need to park my money any more however bond etf's seemed to have done well.
ishares bond fund etf (AGG) --> + 8.24% in 2009
iShares S&P/Citigroup International Treasury Bond Fund (IGOV)--> + 22.2% in 09
ishares corp bond fund (LQD) --> 21.3% in 2009
Anytime. Alot can change in 2 years with p2p lending, since it is in it's infancy still. You may also want to know that is a pending lawsuit against Prosper led by many of it's original investors for apparently fraudulantly underselling bad debt. I read that one of the investors actually offered to buy some of the bad debt, and Prosper ended up selling it for less than what that investor offered them.Quote from Tom C:
Thanks, I wasn't aware of this. A highly respected trader I follow recommended this back a year or so ago. I thought the default rate was closer to 3%. You can pick and choose your loans. I haven't studied the fine print. Any and all input is welcome. Thanks,
Quote from Bob111:
yep.. they are great investments.. specially right now.....post current rates please...we all have direct access to a bond market(Thank you IB) ... give us some good examples..current rates on A-AAA corporate bonds are actually LOWER than CD rates on FDIC insured bank accounts..
http://finance.yahoo.com/bonds/composite_bond_rates